Estonia Utilities E-Commerce Stocks

Bechtle

Market Cap: €4.9b

Provides information technology (IT) services primarily in Europe.

Fielmann Group

Market Cap: €4.8b

Engages in vision care and audiology business in Germany, Switzerland, Austria, Spain, North America, and internationally.

FirstCash Holdings

Market Cap: US$5.5b

Operates retail pawn stores in the United States, Mexico, and rest of Latin America.

SPS Commerce

Market Cap: US$5.2b

Provides cloud-based supply chain management solutions in the United States.

Sinotrans

Market Cap: HK$39.3b

Provides integrated logistics services primarily in the People’s Republic of China.

TOTVS

Market Cap: R$25.2b

Develops and sells management software, and productivity and collaboration platforms in Brazil and internationally.

Abercrombie & Fitch

Market Cap: US$4.5b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Nelnet

Market Cap: US$4.4b

Engages in loan servicing, education technology services, and payment businesses worldwide.

Kingsoft Cloud Holdings

Market Cap: US$4.4b

Provides cloud services to businesses and organizations primarily in China.

Shenzhen InfoGem Technologies

Market Cap: CN¥30.6b

Provides financial technology services primarily in China, the United States, the United Kingdom, Germany, Australia, Spain, Russia, and internationally.

Beijing Shiji Information Technology

Market Cap: CN¥30.3b

Beijing Shiji Information Technology Co., Ltd.

Jarir Marketing

Market Cap: ر.س15.4b

Engages in the retail and wholesale trading of office and school supplies in the Kingdom of Saudi Arabia, Egypt, and other Gulf countries.

Central Retail Corporation

Market Cap: ฿126.7b

Operates as a multi-format retailing business in Thailand, Italy, Vietnam, and internationally.

TN CyberTech Investments Holdings

Market Cap: US$503.4m

Through its subsidiaries, engages in the provision of digital and financial technology solutions in Zimbabwe.

Concentrix

Market Cap: US$3.8b

Designs, builds, and runs integrated customer experience (CX) solutions worldwide.

Wangsu Science & TechnologyLtd

Market Cap: CN¥26.9b

Provides information infrastructure platform services worldwide.

GoTo Gojek Tokopedia

Market Cap: Rp61.2t

Provides and operates on-demand services in Indonesia and internationally.

Delhivery

Market Cap: ₹317.6b

Provides supply chain solutions to e-commerce marketplaces, direct-to-consumer e-tailers, enterprises, FMCG, consumer durables, consumer electronics, lifestyle, retail, automotive and manufacturing industries in India.

Mr D.I.Y. Group (M) Berhad

Market Cap: RM 15.3b

An investment holding company, engages in the retail of home improvement products, mass merchandise, games, toys, groceries, and related business and activities in Malaysia and Brunei.

StoneCo

Market Cap: US$3.6b

Provides financial technology and software solutions to merchants and integrated partners to conduct electronic commerce across in-store, online, and mobile channels in Brazil.

Intsig Information

Market Cap: CN¥25.7b

IntSig Information Co., Ltd. provides optical character recognition solutions to corporate clients and individuals worldwide.

Matson

Market Cap: US$3.6b

Engages in the provision of ocean transportation and logistics services.

Lulu Retail Holdings

Market Cap: د.إ12.9b

Operates as a full-line retailer under the LuLu brand in the United Arab Emirates, the Kingdom of Saudi Arabia, Oman, Qatar, Kuwait, Egypt, Bahrain, Egypt, and internationally.

ID Logistics Group

Market Cap: €2.9b

Provides contract logistics services in France and internationally.

Yunda Holding Group

Market Cap: CN¥23.0b

Provides express delivery services in China.

STO ExpressLtd

Market Cap: CN¥22.9b

Provides express delivery services in China and internationally.

Shanghai Yuyuan Tourist Mart (Group)

Market Cap: CN¥22.8b

Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.

Global Digital Niaga

Market Cap: Rp51.7t

Operates an omnichannel commerce platform and lifestyle ecosystem in Indonesia.

PriceSmart

Market Cap: US$3.1b

Owns and operates U.S.-style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia.

Eastern Air Logistics

Market Cap: CN¥22.4b

Provides air express, comprehensive ground, and multimodal transport services.

DLocal

Market Cap: US$3.1b

Operates a payment processing platform worldwide.

Shanghai Zhonggu Logistics

Market Cap: CN¥22.0b

Provides container shipping services in China.

Grupo Mateus

Market Cap: R$17.0b

Operates a supermarket chain in Brazil.

Sinch

Market Cap: SEK 29.1b

Provides cloud communications services and solutions for enterprises and mobile operators.

Lakala Payment

Market Cap: CN¥21.9b

Engages in digital payment and technology service business in China.

Rocket Internet

Market Cap: €2.6b

An incubator, private equity, and venture capital firm specializing in incubation, early-stage, growth capital, late venture, later stage, and start-ups.